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Apollo Zeus

(251 posts)
10. The economic impact of having fouled groundwater needs to be factored
Thu Feb 20, 2020, 11:50 AM
Feb 2020

in to any accounting of the cost / benefits of fracking. Real estate values are completely destroyed in a town near me -- Hoosick Falls, NY. Those without the finances to move are the hardest hit but banks and financial markets are at risk whenever real estate values plummet. Empty houses that the town and banks will not foreclose on because they are below worthless -- from asset to liability. Here is a worthless toxic house that the town needs to extract $5,000 a year in taxes on but can't. Been on the market for 2 years asking only $19,900 (!)
https://www.zillow.com/homedetails/19-Carey-Ave-Hoosick-Falls-NY-12090/55729827_zpid/

China has 21% of the world's population but produces only 14% of CO2. Their government has subsidized the production of billions of solar panels which are now producing the cheapest energy available.

We can will have an energy abundant future without coal, gas or oil. The transition is under way and includes this Quebec to NYC million-watt power line the makes hydro power available to NYC:
https://www.yourfamilyenergy.com/new-york-psc-approves-1000-mw-quebec-ny-city-power-line

If I were to vote in a presidential
primary today, I would vote for:
Undecided
Latest Discussions»Retired Forums»Democratic Primaries»A divided convention can ...»Reply #10